Not until 2003 (BEAR BOTTOM!!!!) did claims fall to 300,000 level!!!! I KNOW you can see where they are now...that's 531,000 4 wk avg 531,000...the market didnt bottom then a good 2 YEARS after these claims began to fall from peak...friends we aren't even to where they TOPPED in 2001 yet.....and they ran this market up to 2007 PE valuations with a SCANT 1.99% SPX dividend yield,,,,time to buy????????????
But they did manage to wipe out a DECADE of job growth....thx andnow go pay yourselves BILLIONS....
D
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